MediBloc

Halal Rating :
Comfortable
Last Price $0.011 Last updated:
Rank 448
1D Change -2.87 %
Market Cap $106.17m
Circulating supply 9,543,626,701
Maximum supply None

Crypto Overview

Categories
  • Health
  • Cosmos Ecosystem
  • Injective Ecosystem

Overview

MediBloc is a healthcare-focused blockchain platform designed to give patients control over their medical data while enabling secure sharing between healthcare providers. The MED token serves as the native currency of the platform, used for data exchange, compensating medical data providers, and accessing healthcare services within the ecosystem.

Purpose and Utility

The primary purpose of MediBloc is to create a decentralized healthcare information ecosystem. The MED token facilitates transactions within this ecosystem, including: Payment for medical services, Compensation for sharing medical data, Access to healthcare applications built on the platform, Network validation through staking.

Business Model Analysis

The business model focuses on legitimate healthcare data management and service provision. There is no evidence of involvement in prohibited activities like gambling, interest-based lending, or adult content. The platform emphasizes transparency in medical data sharing and healthcare service delivery.

Adoption and Development

MediBloc has established partnerships with several healthcare institutions, particularly in South Korea. The platform shows ongoing development activity with regular updates to their technology stack. The project maintains active GitHub repositories and continues to expand its healthcare-focused features.

Token Distribution

The token distribution appears reasonable with appropriate vesting periods for team members and early investors. There is no indication of excessive concentration of tokens among founders or early investors that would suggest a scheme to enrich founders.

Crypto Impact

To assign a comfort level investing in MediBloc from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to MediBloc.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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